Schwab Intelligent Portfolios
Automated investing platform that builds, monitors, and rebalances diversified portfolios based on your goals.
Overview
Schwab Intelligent Portfolios is an automated investing service that builds, monitors, and automatically rebalances diversified portfolios of exchange-traded funds (ETFs) based on individual goals, risk tolerance, and timelines.
The platform offers 24/7 live support from U.S.-based service professionals and requires a minimum investment of $5,000. It charges no advisory fees or commissions, but investors pay the operating expenses of the ETFs in their portfolios.
A portion of each portfolio is allocated to FDIC-insured deposits at Charles Schwab Bank, which generates revenue for Schwab. The service includes portfolios of Schwab ETFs and third-party ETFs, with Schwab receiving compensation from some ETFs and market centers for trade execution services.
Key Features
- + Automated portfolio building based on goals and risk tolerance
- + Daily portfolio monitoring and automatic rebalancing
- + Diversified portfolios composed of low-cost ETFs
- + 24/7 live support from U.S.-based professionals
- + No advisory fees or commissions for standard service
- + Cash allocation to FDIC-insured deposits at Charles Schwab Bank
- + Access to Schwab Intelligent Portfolios Premium with financial planning
- + Integration of Schwab ETFs and third-party ETFs